WiseGuyReports.Com Publish a New Market Research Report On –“ Orthopedic Implants Market Worth 6,558.32 million US$ By 2025”.
Orthopedic Implants Market 2019
The global orthopedic implants market is anticipated to reach USD 6,558.32 million by 2025. In 2017, application type, knee orthopedic implants segment captures the largest market shares in terms of revenue and hold the major share in the market. Regionally, North America accounted for the major share in the orthopedic implants market.
The global orthopedic implants market growth is primarily driven by the increasing number of the geriatric population globally and increased life expectancy that has increased the risk of osteoporosis and osteoarthritis. For instance, according to WHO the average life expectancy in Japan is approximately 83.7 years, and 82.3 years in South Korea. Additionally, increased government expenditure on medical device industry, and the development of favorable government regulations for the use of these orthopedic implants to influence the market growth during this period. Moreover, the changing lifestyle, rising number of sports injuries, and trauma cases is also an important factor that is positively affecting the market. On the other hand, the increasing number of minimally invasive surgery for treating various spinal injuries and spinal disorders. However, high treatment cost of orthopedic implants, and stringent regulatory for the use of various orthopedic implants to hinder the growth of the orthopedic implants market during the forecast period.
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The leading companies operating in this market icludes Medtronic plc, Zimmer Biomet Holdings, Inc., Aesculap Implants Systems, DePuy Synthes, BioTek Instruments Inc., Conmed Corporation, The Orthopedic Implant Company, Smith & Nephew plc, Stryker Corporation, Wright Medical Group N.V., NuVasive Inc., and Arthrocare Crporation.
As a part of the report, key competencies of key players, and the strategies adopted by them are discussed at length. The geographical presence of each player, country-level analysis, revenue forecast for each segment market share of each player is also provided.
A country-level analysis of the major regions which include North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW) has also been provided in the region. Analysis has been provided with respect to the current market size and future perspective. The report follows the course of developments in the market, such as joint ventures, mergers & acquisitions, partnerships, strategic alliances, research and developments, and new product launches.
The report incorporates exhaustively analyzed data which have acquired through a meticulous research method. Primary and secondary research forms the crux of the research methodology, which helps to gauge the market prospects. Primary research method gathers data through personal interaction with key level industry insiders by means of interviews, questionnaires, surveys, and telephonic calls. Secondary information gathering involves data mining from credible sources available on the internet, such as whitepapers, company websites, annual reports, and other databases. For providing accurate information, collected data is analyzed using proprietary tools. The research framework is robust and adheres to industry-specific standards. Market sizing and estimation is done with the help of top-down and bottom-up approach, which aid in arriving at the final qualitative and quantitative data.
Table Of Contents – Major Key Points
- Overview and Scope
- Executive Summary
- Global Orthopedic Implants Market Insights
- Orthopedic Implants Market Size and Forecast by Application Type
- Orthopedic Implants Market Size and Forecast by Regions
- Company Profiles
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